/s/ ANDR J. HAWAUXAndr J. HawauxExecutive Vice President, Chief Operating Officer
EX-10.3 4 dks-exhibit_103q32016.htm EXHIBIT 10.3 Exhibit
Exhibit 10.3
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www.DicksSportingGoods.com | 345 Court Street · Coraopolis, PA 15108 |
Main Phone: 724 ###-###-#### | |
September 27, 2016
Dear Lee:
Congratulations! I am delighted to offer you the position of Executive Vice President, Chief Financial Officer reporting to me. The major provisions of your offer are as follows:
Position: Your position is Executive Vice President, Chief Financial Officer with an effective date of September 27, 2016.
Base Pay: Your bi-weekly rate of pay will be $25,000.00, annualized to $650,000.
Annual Incentive: Your target incentive award remains at 75% of your eligible earnings. The award can range from 0% to 150% based on company and individual performance.
Annual Equity: Your target equity award remains $900,000. The award can range from $0 to $1,350,000 based on company and individual performance.
Health & Welfare Benefits and Paid Time Off: Your benefits and vacation time will remain the same.
Once again, we’d like to congratulate you on your promotion.
Sincerely,
/s/ ANDRÉ J. HAWAUX | ||
André J. Hawaux | ||
Executive Vice President, Chief Operating Officer | ||
